Haryana Govt Circular: Accurate Reporting of Inter-State Supplies and ITC in FORM GSTR-3B and GSTR-1 Required.
The circular from the Haryana Government's Excise and Taxation Department mandates the accurate reporting of inter-State supplies and Input Tax Credit (ITC) details in FORM GSTR-3B and FORM GSTR-1. It highlights issues with incorrect reporting by registered persons, particularly regarding inter-State supplies to unregistered persons, composition taxable persons, and UIN holders. The circular clarifies the need for precise reporting to ensure proper fund settlement between governments. It outlines procedures for reporting ITC availed, reversals, and ineligible ITC, emphasizing the importance of correct data entry to avoid discrepancies in tax credits and settlements.
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